Business objectives and monopoly power
Questions Markscheme answersOn Monday 25 April 2022 Elon Musk agreed to pay $44 billion for the social media company, Twitter. The takeover will take Twitter from a Public Limited Company which is listed on the New York Stock Exchange to become a private company solely owned by Musk. This adds Twitter to the car manufacturer, Tesla, and the space exploration company, SpaceX to Musk’s business portfolio.